The demagoguery over Social Security is starting to heat up and I recommend reading this excellent article by Don Luskin on NRO today. Among other points, he asks why liberals can’t tell the truth about Social Security. His answer is that it’s a “fortress of New Deal collectivism.” It must be defended at all costs. Liberals don’t want to admit that their social legislation centerpiece was a lousy idea. But it was — and is.
Maybe people will be writing bye-kus for S.S. along about 2020. How’s this:
Social Security
Super high taxes
My pockets are empty
